0.0 00 Looking at the Monday session in the EUR/USD, you can see that we did almost nothing on Friday. That’s not much of a surprise though, as there was in a whole lot in the …
Read More »USD/CAD Technical Analysis – February 2 2015
0.0 00 The USD/CAD pair broke higher during the course of the session on Friday, as we continue to drive higher in this market. The pair continues to be a bit of a “perfect storm” as …
Read More »Quantitative Easing, Why it Does Not Work
0.0 00 Since normal macroeconomic policy, or theory, started to fail, we have seen a number of unconventional policies, like quantitative easing (QE) emerge. However, QE has failed to jumpstart inflation or even growth. In fact …
Read More »EUR/USD—Bounce Higher Could be in the Cards to Set up a Short Trade
0.0 00 EUR/USD (1.1310) Resistance Levels: 1.1340, 1.1445, 1.1660 Support Levels: 1.1205, 1.1075, 1.0860 Trade Strategy: Stand Aside The EUR/USD is searching for a bottom and might have find a short term one. The Euro appears …
Read More »Amazon Soars over 12% after Shattering Forecasts
0.0 00 Overnight, the earnings season continued as Amazon.com (AMZN: Nasdaq) released its numbers. Thanks to holiday sales, which climbed 15 percent, the earnings shot through the roof sending the company’s shares soaring nearly 14 percent …
Read More »EUR/JPY—The Euro Looking to Climb Higher
0.0 00 EUR/JPY (¥133.634) Resistance Levels: 134.78, 137.65, 139.94 Support Levels: 131.50, 129.70, 126.85 Trading Strategy: Stand Aside Looking at the below EUR/JPY daily MT 4 daily chart, we note the morning star candlestick. This hints …
Read More »USD/CHF—The Dollar is Turning back Lower
0.0 00 USD/CHF (0.9181) Trading Strategy: Stand Aside Resistance Levels: 0.9040, 0.9270, 0.95 Support Levels: 0.8758, 0.8580, 0.83 Looking at the below daily MT 4 chart, we note the US Dollar is preparing to make another …
Read More »Video Analysis – GBP/USD January 29, 2015
0.0 00 Looking at the GBP/USD pair for the January 29 trading session, and you can see that we have been in a very strong downtrend, as I drove this trend line on the chart. We …
Read More »NZD/USD Technical Analysis – January 29 2015
0.0 00 The NZD/USD pair initially broke higher during the course of the session on Wednesday, but reached down towards the 0.75 level as resistance. That being the case, we ended up turning back around in …
Read More »Where is the Profit at Samsung? There is None….
0.0 00 Samsung Electronics (593-KR), the maker of the Galaxy S phones, came out with its annual earnings today. The electronics giant showed its first annual earnings decline in three years. Strong semiconductor earnings failed to …
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